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SPEEDLINE

Active
Private limited company (pre-2019)founded 1995active for 31 yearsSteine-Hoevestraat 4, 2260 Westerlo, BelgiumKBO/BCE: BE 0456.201.391
Summary

SPEEDLINE has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,370 and a net result of €3,319. Equity has been growing by about 7.8% per year since 2018. Its solvency ranks better than 63% of 5,879 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 23-08-1995 Normal situation
Activity
Freight transport by road NACE 49410
Establishment unit
2.073.654.320 2260 Westerlo, since 25-10-1995
Financial year end
31 December
Peppol
Reachable since 10-01-2026

Board and ownership

Board
  • Verhesen FranciscusDirector

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€24,323
▼ 10.1%
Turnover
≈ €210,000
estimated
Profit
€3,319
▼ 68.4%
Equity
€95,370
▲ 3.1%
Total assets
€189,374
▲ 45.9%
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Liquidity: current ratio 1.77, cash €221, halvedlowers riskFounded in 1995Figures for financial year 2025 (filed on 26-06-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 45% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Strong
Solvency 75-21
equity 50.4% of total assets
Liquidity 33-17
short-term debt 37.8% · cash 0.1%
Profitability 71-8
return on assets 1.8%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,099 companies, NACE 49, micro)
Last 24 months 12-2024: 1.7%highest value 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.6%▼ -0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 0.8%▼ -0.8 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.6%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.6%● unchanged vs 07-2026lowest value 09-2026: 0.6%● unchanged vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.77 (2.81 in 2024), above the usual 1.5. Short-term debt is 37.8% and cash 0.1% of total assets. 49.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 63% of them on solvency, 30% on liquidity, 45% on profitability and 44% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1995
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Liquidity: current ratio 1.77, cash €221, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 26-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
35 days early
2024
43 days early
2023
on the day
2022
59 days late
2021
75 days late
2020
31 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (4 of the last 5 accounts filed within 58 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th oldest company in Westerlo, Transport and storage sectorin the Checked rankings No. 8 View

Comparable companies

These companies have the same main activity as SPEEDLINE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €170,000 and €223,000, founded between 1991 and 2000.

CompanyTotal assetsGross margin
SPEEDLINE Westerlo€189,374€24,323
VAN.DO Zoersel€176,698€27,235
BENATRA Berlaar€178,010€22,083
GYDANTRA Hulshout€214,264€28,596
TVM solutions Antwerpen€222,904€22,557
THEO JANSSEN Kinrooi€203,440€25,973
TRANSPORT M. JACOBS Hasselt€170,279€27,230
Full comparison

Key facts about SPEEDLINE

What is the company number of SPEEDLINE?
The company number of SPEEDLINE is 0456.201.391. The VAT number is the same number with BE in front: BE 0456.201.391.
Where is SPEEDLINE based?
The registered office is at Steine-Hoevestraat 4, 2260 Westerlo.Company details
What does SPEEDLINE do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of SPEEDLINE?
The legal form of SPEEDLINE is Private limited company (pre-2019) (BVBA).
When was SPEEDLINE founded?
SPEEDLINE was founded on 23-08-1995.
Is SPEEDLINE still active?
Yes, SPEEDLINE is an active enterprise in the KBO register.
What is the turnover of SPEEDLINE?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €24,323 and 67 comparable companies (NACE 49410). It probably lies between €99,000 and €340,000. It is a rough estimate.Financials
Is SPEEDLINE profitable?
In financial year 2025, SPEEDLINE made a profit of €3,319.
Where can I find the annual accounts of SPEEDLINE?
SPEEDLINE filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SPEEDLINE due?
SPEEDLINE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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